SPRING 2017 UPDATE- Ownership, Sales & Investing, click here
Help shape our next store
After years of discussion and planning, the architectural plan for the new Co-op South Street store is approved.
We have Phase 1 fundraising to complete by AUGUST 16, 2017. With the support of community, a bigger, more efficient, easier-to-navigate space full of healthy local food and products is in all our of futures.
In an ever-changing world some things remain the same— if you plant a seed in good soil, give it light and water, it will grow into a plant, a vegetable, a fruit tree. But you don’t just let it grow for the sake of growing. You continue to water it, to nourish it, to prune it and to shape it. We have an opportunity to play a vital role in shaping the future of Blue Hill Co-op and the role it will play in its impact on the local and regional food economy.
Please consider your investment as a member-owner toward the continued growth of this dynamic community food hub. It is a bold move. I believe in it and it’s one we can champion for our children and theirs after them.
Blue Hill Co-op
TWO WAYS TO PARTICIPATE:
Purchase Investment Shares–starting at $100.
You can also give a tax-deductible donation through Eastern Maine Development Corporation
About Investment Shares
You now have the opportunity to help the Co-op finance its planned store relocation, earn a good return, and keep your money invested locally! If you are a Maine State Resident, you can invest in your Co-op.
On this page you will find everything you need to learn about and purchase Preferred Shares. In addition, this link provides detailed answers to frequently asked questions.
This offering, reviewed by the Maine Office of Securities, allows us to offer four series of shares that you can purchase, each with differing terms and with different annual dividend rates:
|Series||Cost per share||Number of shares offered||Number of shares purchased (as of 11/16/16)||Number of shares remaining (as of 11/16/16)||Term||Annual dividend rate|
|A-1||$100||1,000||63||937||3 year minimum retention||0%|
|A-2||$100||3,000||174||2826||5 year minimum retention||2.5%|
|A-3||$100||3,000||46||2954||7 year minimum retention||3.5%|
|A-4||$100||3,000||1317||1683||10 year minimum retention||4.5%|
Want to invest? Here are step-by-step instructions.
• Review our offering materials.
• Determine if you are a Maine State Resident.
• Determine the amount that you would like to invest.
Blue Hill Co-op
ATTN: Kevin Gadsby
PO Box 1133
Blue Hill, ME 04614
• If you are investing more than $5,000, or if you have questions, please fill out the Investor Questionnaire and the Investor Intake Form and contact our General Manager, Kevin Gadsby to set up an appointment.
Please use the contact form below or email to relocation (at) bluehill.coop to get a hold of the Relocation Manager.
THIS OFFERING OF PREFERRED SHARES IS ONLY BEING PROVIDED TO OWNERS OF THE BLUE HILL CO-OP, INC. WHO HAVE CERTIFIED THAT THEY ARE BONA FIDE RESIDENTS OF THE STATE OF MAINE AND ANY OTHER USE IS UNAUTHORIZED